Open Banking Tag

Travelex today announced that it is hosting a landmark event on the future implications of Open Banking, titled “Open Banking: Innovation Disguised as Regulation”. The event will take place from 6pm on the 28th March at the National Theatre. The event will explore how Open Banking is expected

Fintech companies from across the world have recently pushed significant investments in London. Last year, the UK outstripped all of its European counterparts for fintech investment and even as recently as recently as Tuesday US fintech Motive Partners opened in Canary Wharf.
Whilst there has been

The UK government has launched what it calls the Fintech Sector Strategy, a programme announced by Chancellor Philip Hammond that includes a new cryptoassets task force, advances in regtech and a UK-Australia start up support programme, among others.
“I am committed to helping the sector grow

Open banking, the new initiative threatening to tear up the banking rule book, has the power to revolutionise how people manage their money.
For the first time, customers will be able to give companies other than their bank access to their financial data, opening retail and

Financial technology firms were supposed to start breaking into mainstream banking this month when new rules forced Britain’s nine big banks to loosen their grip on the industry.
But many fintech companies are still waiting with frustration on the sidelines after the banks delayed making the

Open banking launched on January 13 in the UK. It requires major banks to share data with third party financial providers. This will bring a new level of transparency and encourage competition, shaking up the financial services industry and levelling the playing field for new

Britain will launch the world's first experiment in “open banking" this week with a series of reforms that the government hopes will revolutionise financial services and open the door to new entrants such as Google, Facebook, Apple and Amazon.
Britain's Open Banking Standard comes into force

Open banking is coming to the UK. To be more precise, from January 13, 2018, Britain’s nine largest banks and one building society will be required to make customer account data available to approved rivals. If all goes according to plan, the new regime will